565 Greenfield Avenue Unit 606, Kitchener

Price: $340,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: X13615710

Welcome to this move-in-ready two-bedroom condo townhouse, offering comfort, convenience, and exceptional value. The home features an updated bathroom, private parking, and a private balcony-the perfect spot to enjoy your morning coffee while taking in the neighbourhood activity.Ideally located close to shopping, the mall, public transit, restaurants, and everyday amenities, this property makes daily living easy and convenient. With a low maintenance fee and an affordable asking price, it is an excellent opportunity for first-time buyers, downsizers, or investors.Simply move in and enjoy! The condo is currently vacant. Some rooms have been virtually staged to show potential buyers the possibities. The current owner has never had pets and any pets depicted in the staging are purely for marketing purposes and not included with the condo.

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$340,000 - 565 Greenfield Avenue Unit 606, Kitchener

Condo for Sale in Kitchener

2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
X13615710
Property Type
Condo
Status
active
Days on Site
26
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Kitchener
Locker
Ensuite
Exposure
North
Balcony
Open
Listing Brokerage
HOUSESIGMA INC.
Description

Welcome to this move-in-ready two-bedroom condo townhouse, offering comfort, convenience, and exceptional value. The home features an updated bathroom, private parking, and a private balcony-the perfect spot to enjoy your morning coffee while taking in the neighbourhood activity.Ideally located close to shopping, the mall, public transit, restaurants, and everyday amenities, this property makes daily living easy and convenient. With a low maintenance fee and an affordable asking price, it is an excellent opportunity for first-time buyers, downsizers, or investors.Simply move in and enjoy! The condo is currently vacant. Some rooms have been virtually staged to show potential buyers the possibities. The current owner has never had pets and any pets depicted in the staging are purely for marketing purposes and not included with the condo.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,744.38/mo

Includes CMHC insurance ($9,486)

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5-yr fixed avg.

Principal: $306,000Interest: $207,827
Mortgage Amount$315,486
Total Interest$207,827
Est. Property Tax$241/mo
Total Cost$523,313

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Kitchener

Discover Kitchener

Kitchener is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Kitchener

  • Convenient location in Kitchener
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Kitchener offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

565 Greenfield Avenue Unit 606, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$241
Insurance (est.)-$71
Net Cash Flow+$1,433

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $486/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 26 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    565 Greenfield Avenue Unit 606, Kitchener | $340,000 | Battaglia Team